ZIM
Hapag-Lloyd urges Israel to review improved offer for shipping services company ZIM
The Finance Ministry raised concerns about Hapag-Lloyd's shareholder structure, noting that Qatar held a 12.3% stake and Saudi Arabia a 10.2% stake in the German company.
Hapag-Lloyd to improve $4.2b. bid for ZIM after opposition from gov't, workers, company says
Israeli ministries move to block $4.2 billion sale of ZIM over security concerns
Israeli shipping giant ZIM to be sold for $4.2 billion to German, Israeli capitals - Calcalist
German bid for Zim with Saudi, Qatari backing raises Israel security concerns
Zim has said it will release no further information until a decision is made.
Zim shipping brings in $373m net profit in second quarter of 2024.
"We expect stronger performance in the second half of 2024 compared to the first half due to ongoing supply constraints from the unresolved Red Sea crisis," CEO Eli Glickman said.
ZIM to dedicate ships for Israel's 'national needs'
ZIM Integrated Shipping Services announced it has offered Israel all of its vessels, ships and infrastructure, with a commitment to serving the needs of Israel.
Zim records strong Q3 results, to distribute dividend
“Given our significant cash generation, and consistent with our prioritization of returning capital to shareholders, we have declared this year over $1.26 billion, or $10.55 per share, in dividends"
ZIM shipping nets profit of $1.34b. in second quarter
The company’s CEO said that it had reported its "best ever" first-half results.